Word: citigroup
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Financial giant Citigroup named Harvard Corporation member Robert E. Rubin ’60 its chairman yesterday. Rubin said last night that the new role would not affect his position on Harvard’s seven-member governing body, telling The Crimson that he expected to stay on the Corporation for the foreseeable future...
Rubin, who has spent almost a decade at Citigroup, has drawn criticism in the past for disengagement from his role on the Corporation...
Rubin’s appointment came at an emergency meeting of the board of Citigroup, America’s largest financial services company. Former Chairman and Chief Executive Charles O. Prince III resigned today after revelations that the firm had lost billions of dollars through bad investments...
...years, including two years as co-chairman of the firm, before joining the Clinton administration in 1993. He served as Treasury secretary from 1995 to 1999—when he was succeeded by his protégé Lawrence H. Summers—before going to work for Citigroup. Rubin joined the Harvard Corporation in April...
...addition to his positions with Citigroup and Harvard, Rubin is a co-chairman of the Council on Foreign Relations and a founding member of the Brookings Institute’s Hamilton Project...